One of the most successful teams in the country, they have won the Hungarian championship a record 15 times and in 1982 they were also crowned as the European Champions Cup winners.

Hazena, the early form of the modern handball, had been played across Europe for years, when, in 1926, based on the players who were fired by MTE for political reasons, Vas- és Fémmunkások Sport Clubja was founded.

The brightest year of this era was 1945, when Vasas won the second division title and gained promotion to the top level championship.

Under head coach József Ferenczy the Sport School performed brilliantly, having won several youth and junior titles.

With the ASI-girls on the board, under the new, team handball rules, Vasas entered the Budapest II championship and won it in their inaugural year and gained promotion.

From the second part of the eighties the key players of the golden era either retired or moved abroad and the Hungarian Championship got more balanced as well, which led to Vasas slowly lost their dominant role.